716, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Prive by Damac Tower B
What is 716 worth today?
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Source: Dubai Land Department. Updated 28 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 7th of 32
- Parking
- P2-65
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 400K · February 2021
- Building
- Prive by Damac Tower B
About 716, Prive by Damac Tower B
716 is a studio of 431 sqft on the 7th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 28 February 2021 for AED 400,000, or AED 927 per sqft, 40% below the AED 1,547 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 28 February 2026, is AED 68,355 a year: a gross yield of 17.1% on the 2021 price.
Sales and rents for 716 over time
716 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Prive by Damac Tower B, and where 716 sits
All 401 studios →716 last sold in February 2021 at AED 927 per sqft, 40% below what studios in Prive by Damac Tower B were fetching at the time (AED 1,547). Over the last 12 months studios sold for AED 425,000 to 1,250,000, around AED 2,241 per sqft, and rent for AED 40,000 to 120,000 a year. 716's AED 68,355 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 apartments, studios to 2-bed over 32 floors in Business Bay, completed in 2019 by Namaa Properties Development. 47 sold in the last 12 months.
- Typical price per sqft
- AED 2,227 Down 6.4%
- Typical sale
- AED 1.02M
- Typical rent
- AED 75K /yr
- Typical yield
- 6.6%
Other units on the 7th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 923 sqft | AED 1.23MAED 1,230,000 · Nov 2020November 2020 | ||
| 702 | Studio | 408 sqft | AED 578KAED 578,000 · Aug 2018August 2018 | 75,000 /yr | |
| 703 | Studio | 408 sqft | AED 1.05MAED 1,048,800 · Jun 2014June 2014 | 53,000 /yr | |
| 704 | Studio | 373 sqft | AED 920KAED 920,000 · Nov 2024November 2024 | 79,716 /yr | |
| 705 | Studio | 432 sqft | AED 1.12MAED 1,123,850 · Jun 2014June 2014 | 58,000 /yr | |
| 706 | Studio | 443 sqft | AED 1.02MAED 1,018,500 · Jan 2024January 2024 | ||
| 707 | Studio | 418 sqft | AED 1MAED 1,000,000 · Feb 2024February 2024 | 70,000 /yr | |
| 708 | 2-bed | 1,342 sqft | AED 2.2MAED 2,200,000 · Apr 2026April 2026 | ||
| 709 | 1-bed | 896 sqft | AED 2.1MAED 2,100,000 · Jan 2017January 2017 | 90,000 /yr | |
| 710 | Studio | 414 sqft | AED 1.05MAED 1,050,000 · Dec 2024December 2024 | 80,000 /yr | |
| 711 | Studio | 416 sqft | AED 986KAED 986,000 · Nov 2023November 2023 | ||
| 712 | Studio | 443 sqft | AED 1.08MAED 1,080,000 · Nov 2024November 2024 | 60,000 /yr | |
| 713 | Studio | 431 sqft | AED 1.05MAED 1,050,000 · Nov 2024November 2024 | 48,000 /yr | |
| 714 | Studio | 373 sqft | AED 980KAED 980,000 · Feb 2025February 2025 | 72,000 /yr | |
| 715 | Studio | 414 sqft | AED 1.13MAED 1,127,000 · Feb 2026February 2026 | 85,000 /yr | |
| 717 | 1-bed | 933 sqft | AED 2.22MAED 2,222,050 · Jun 2014June 2014 |
716, Prive by Damac Tower B in numbers
- Sold twice: first on 28 September 2020 for AED 624,106, last on 28 February 2021 for AED 400,000 (AED 927 per sqft).
- Rented since September 2020 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2021 and recovered to AED 68,355 by February 2026.
- At AED 68,355 a year the gross yield on the 2021 price is 17.1%.
- Studios in Prive by Damac Tower B sold for AED 425,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,227 per sqft.
Source: Dubai Land Department. Updated 28 February 2026.
Questions about 716, Prive by Damac Tower B
What did unit 716 last sell for?
AED 400,000 on 28 February 2021: AED 927 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 624,106 in September 2020.
What is the rent for unit 716?
AED 68,355 a year on the contract renewed on 28 February 2026. The previous contract, from February 2025, was AED 68,355; the unit has been rented since September 2020.
How big is unit 716?
431 sqft (40.0 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.
What is unit 716 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prive by Damac Tower B sold for AED 425,000 to 1,250,000 in the last 12 months, around AED 2,241 per sqft.
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Mortgage on 716, Prive by Damac Tower B
Starts from the last sale price (AED 400K, 28 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →